Homework The focus of this activity is to compare and contrast the application of the payment terms of Pay If Paid and Pay When Paid. The simple words of If and When have very different meanings and highlight the importance of each and every word in a contract. You will need to listen to the following which is a Sub and GC arguing their case before the Ohio Supreme Court. It is 39 minutes long. As you listen identify the position each party takes and why. Assess these positions against the contracts, laws and codes, and ethical actions which are the essential litmus tests of any dispute. http://www.ohiochannel.org/MediaLibrary/Media.aspx?fileId=141167 Then submit a paper of one to two pages which details the following: 1. GCs key arguments. 2. Subs arguments. 3. This payment provision shifts risk. How do you assess the fairness of these provisions? 4. There can be different perspectives for legal, ethical, and moral decisions here? Which is correct? 5. How would you rule if you were an Ohio Supreme Court Justice and why? Intro This should introduce the topic of your paper, beginning from general to increasing inspecificity, and end with the thesis. The thesis must answer the questions ofwhatyour argument is andwhy. Body Paragraphs: Supporting information and details should have a flow in these paragraphs. Conclusion: This should end your essay and sum up all points. This should not, however, introduce newinformation or simply repeat what was already stated during the body paragraphs, merelyconclude your analysis. 50% of your grade will be based on proper application and formatting of your paper per MLA standards. Proofreading is a key for quality assurance. Think about the themes of the class for critical thinking as well as effective written communication. This begins with a clear opening or thesis statement that sets the tone of the paper. Remember: 1. MLA format